USA WASTE SERVICES ANNOUNCES FINANCING
USA WASTE SERVICES ANNOUNCES FINANCING DALLAS, July 20 /PRNewswire/ -- USA Waste Services, Inc.
(NASDAQ: USAS) announced today that it proposes to make an offering of $40 million of convertible subordinated debentures to qualified institutional buyers pursuant to Rule 144A of the Securities and Exchange Commission. USA Waste anticipates closing the offering by late August 1992. The proceeds of the offering will be used to retire existing indebtedness and for general corporate purposes. The offering will be made only by means of an offering circular to qualified institutional buyers.
USA Waste, based in Dallas, is a fast growing solid waste management company, performing both waste collection and disposal services in multiple locations nationwide. -0- 7/20/92 /CONTACT: Earl E. DeFrates of USA Waste Services, 214-233-4212/ (USAS) CO: USA Waste Services, Inc. ST: Texas IN: SU: OFR
PS -- NY084 -- 0942 07/20/92 17:08 EDT
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|Date:||Jul 20, 1992|
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